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's possible use of chemical weapons. >> brown: then, we examine the use of a one-drug lethal injection on a prisoner last night in texas-- the state that executes more convicts than any other. >> suarez: as delegates arrive in washington for an international aids conference, we have two progress reports: gwen ifill gets an update from the director of the united nations program on aids. >> brown: and we assess the epidemic here in our nation's capital, where the infection rate is the highest in the country. >> we have people who will be tested repeatedly in hopes that one of those tests will be negative so that they can say i don't have h.i.v. we have people who think they can pray their h.i.v. away. >> suarez: plus, as part of his ongoing series, hari sreenivasan talks with native americans about the search for solutions to the effects of climate change on their tribal lands. >> brown: that's all ahead on tonight's "newshour." major funding for the pbs newshour has been provided by: and the william and flora hewlett foundation, working to solve social and environmental problems at home
is cooling, we look at what the slowdown means for u.s. corporate earnings, and the global economy. >> susie: and one company is making a big push into china, marriott international, a look at its latest earnings and strategy. >> tom: that and more tonight on "n.b.r.!" >> tom: markets were clearly disappointed today the federal reserve does not seem ready to act right away to boost the economy. minutes from the fed's june meeting show only a few policy makers wanted to expand a bond buying program known as quantitative easing to lower interest rates and boost the economy. but as darren gersh reports this is now really a question of timing. >> reporter: the fed was not willing to give markets an immediate monetary fix, but the latest readings from its policy making committee show a couple more lukewarm reports on the labor market might change that. >> and if these employment reports are still weak like this last one, i think a strong case could be made for the fed to expand its balance sheet and try to support the economy more. so, at that point it will be clear that the recovery has stalled
vehicles, uav's. pilotless aircraft used mostly by the u.s. military for surveillance, reconnaissance, and killing, as in yemen recently. he here at home, law enforcement agencies, local police, are eager to utilize drones for civil surveillance. some already do. 146 commercial drones are now accessible for civil law enforcement nationwide. the number is expected to skyrocket. the the u.s. senate armed services committee called for allowing these drones to operate, quote unquote, freely and routinely in u.s. airspace. such authorization has rattled some members of congress. notably republican senator rand paul. he's introduced an act to prohibit the i don't say of drones by u.s. civilian government unless authorized by a warrant. that would put parameters on such usage. >> what i would say is that drones could be used if you have a proper warrant but that means you go through a judge, a judge has to say there's probable cause of a crime, but i don't want dreams crisscrossing our city and country snooping on americans. that's a surveillance state that i'm very concerned about and that'
monetary fund says the u.s. economy is recovering, but it's still very fragile. good evening. i'm judy woodruff. >> brown: and i'm jeffrey brown. on the newshour tonight, armed with an i.m.f. report issued today, christine lagarde warns that u.s. policy-makers must be careful not to overdo debt reduction. >> to bring the debt under control, action needs to be taken over a period of time. that is not just next year. that is going to extend for the next ten years. it needs to be gradual, not so contractionary that the economy folds. >> woodruff: we have an update on efforts across the country to recover from wildfires, extreme heat, and power outages. >> brown: susan dentzer of the journal "health affairs" answers questions many of you are asking about how health care reform will work, now that the supreme court has weighed in. >> for somebody who is running a small business, what does this new health care plan... how does that impact future business owners? >> brown: margaret warner interviews mexico's new president-elect, enrique peÑa nieto, about drug war violence and relations with
for ibm, big blue's earnings top forecasts, while revenues fall short. tech analyst david garrity joins us to talk ibm, and preview what to expect from google and microsoft. and ben bernanke says he still has tools to boost the economy, we look at just what's in the fed's tool kit. that and more tonight on "n.b.r.!" "nightly business report" is brought to you by: captioning sponsored by wpbt >> susie: ibm boosted its outlook for the rest of the year, after second quarter earnings topped forecasts. ibm earned $3.51 a share, well above last year, and $0.09 above analyst estimates, but at just under $26 billion revenues fell short of expectations. >> ebay posted better than expected. earning a penny above estimates. revenues jumped 23% to almost $3.5 billion. enthusiasm about tech earnings helped wall street make strong gains earlier in the day. the dow rose 103 points and the nasdaq 32, and the s&p up 9 points. for more, david garrity joins us. the tech analyst. david, it's really interesting that at a time when ceos have been warning about earnings and revenues coming down for the rest of t
: conditions in much of u.s. have been hot and dry. and we're not just talking about the weather. the first six months of the year were the weakest for wall street deal-making in nearly a decade. >> even with the spate of deals that occurred today. we are still trending for possibly the first down year for u.s. m&a since 2009. >> reporter: it's not for lack of cash. corporate america has over a trillion dollars sitting in the bank, representing over 70 weeks of net income. >> m&a is very confident-driven. and i think most of the global corporations are not confident in their business models. >> reporter: they're concerned about the weak global economy, given the crisis in the eurozone, and slowing growth in emerging markets. here in the u.s., growth is stagnant, and many companies are waiting to see the results of the november elections. so, bottom line: don't read too much into today's flurry of deals. >> i can't say that there's any bullish indicator, other than the fact that we are heading into the summer months, which are traditionally slow. >> reporter: no one is predicting a big surge in
the globe take action to boost their sagging economies. should more be done in the u.s.? >> susie: i'm susie gharib. getting new medicines to market faster. speeding up the government's drug approval process. why investors and patients are on board. >> tom: and "made in america" tonight, a craft beer company brewing up a national expansion. >> susie: that and more tonight on "n.b.r."! >> susie: the global economy was the hot topic in markets around the world today. central banks in europe, the u.k., and china announced moves to boost growth. the european central bank lowered interest rates to an all-time low. china cut several key interest rates for the second time in a month. and the bank of england held its rates steady, but said it will pump billions of dollars into its economy through a new round of bond buying. here in the u.s., some hopeful signs for the weak job market. private employers added 176,000 new workers to their payrolls in june, stronger than the previous month. and the labor department said the number of people filing for unemployment benefits dropped by 14,000 in the past
be in rally mode, but the u.s. economy is stuck in the mud. we'll look at why growth slowed in the second quarter. >> tom: and after months of hype, the london summer olympics are finally here. how it could impact the u.k. economy even after the games end. that and more tonight on n.b.r.! wall street was on a stimulus high today. stocks surged sharply, as investors and traders are counting on central banks in europe and the u.s. to announce moves next week to stimulate the global economy. here's why they're feeling confident. the heads of france and germany said today they are ready to take bolder steps to deal with the region's debt problems. in a statement they said they determined to do everything to protect the euro area. their comments came a day after the president of europe's central bank said he was prepared to do quote "whatever it takes to preserve the euro" and to ease borrowing costs for spain and italy. all this comes as federal reserve chairman bernanke has been hinting that the fed is stands ready to stimulate the u.s. economy and policymakers could do just that when they m
.j. dionne analyze the week's news. >> suarez: a follow-up to our recent story about smart meters used to monitor energy use. spencer michels reports on california activists who want to ban them. >> pacific gas & electric one of the nation's largest utilities has had to fight a coalition of people who suspect, among other things, that smart meters may be bad for your health. >> brown: that's all ahead on tonight's newshour. >> major funding for the pbs newshour has been provided by: ♪ ♪ ♪ ♪ ♪ ♪ moving our economy for 160 years. bnsf, the engine that connects us. >> and by the bill and melinda gates foundation. dedicated to the idea that all people deserve the chance to live a healthy, productive life. >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> brown: once again today, americans absorbed the news of a mass shooting-- a dozen dead, at least 59 hurt or wounded. it happened in the city of
at immigration and the u.s. economy. >> susie: that and more tonight on n.b.r.! another disappointing drop in retail sales, a sign that the u.s. economy is limping along. it's the third month in a row that retail sales fell and that pushed down stocks today. retail sales fell 0.5% in june. analysts were expecting an increase. not since the height of the financial crisis has there been a string of declines from the retail sector. erika miller reports. >> shoppers didn't just spend less at department stores, auto dealerships, and furniture stores. spending fell in june in almost every category. that's not the only worrisome sign. when retail sales fall three months in a row, it can sometimes signal recession. but that's probably not the case this time. >> the retail sales report was disappointing. it reflects ongoing slowdown in the global economy, ongoing weakness in the u.s. economy. it should come as no surprise when you see businesses not willing to add significant quantities. >> reporter: today's retail data did prompt some economists to downgrade their estimates for 2nd quarter econom
. will the federal reserve soon have some new medicine for the struggling u.s. economy? we talk with former fed vice chair alan blinder. >> susie: and the nation's airlines look to raise ticket prices. bad news for passengers, but will it help profits? >> tom: that and more tonight on "n.b.r."! we begin with some tough questions today for treasury secretary timothy geithner about the bank interest rate-fixing scandal. in 2008, geithner was head of the new york federal reserve. he sounded an early warning with british and u.s. regulators about weaknesses in the bank-to- bank lending rate known as libor. it's a key global interest rate and one which traders and banks are accused of manipulating. darren gersh reports members of congress aren't convinced geithner did enough. >> reporter: back in the spring of 2008, geithner says he sent a detailed memo to the bank of england warning that it needed to reform the way british bankers came up with the libor rate. >> we were aware of the risk that the way this was designed created not just the incentive for banks to under-report, but gave them the opportunit
forecast. global strategist nick colas joins us with an update. i.p.o.s were a brightspot. strong market debuts today from palo alto networks and travel site kayak. a look at whether i.p.o.s are making a comeback. and just two years ago, president obama signed the dodd frank financial reforms into law. a look at how that's changed the financial landscape. that and more tonight on "n.b.r.!" two new tech i.p.o.s debuted on wall street today and investors gobbled up shares of both, despite a wave selling in the broader markets. online travel company kayak software gained 28% to close at $33.18 a share. kayak upped its i.p.o. price last night and raised $91 dollars with the offering. meanwhile, shares of the security software firm palo alto networks soared almost 27 percent in their market debut. today's offerings cap off a busy week for i.p.o.s and suggest the market for new deals is back. suzanne pratt reports. >> reporter: two months ago, facebook and it's feeble public offering cast a dark shadow over the i.p.o. market. deals were pulled and investors got nervous. kayak software was supp
'm tom hudson, "n.b.r."'s diane eastabrook joins us to talk mcdonald's; from earnings to europe and rising food costs, the outlook for the fast-food giant. >> susie: and we kick off a week long look at cyber security, focusing on the big business of protecting you online. >> tom: that and more tonight on "n.b.r."! >> tom: stock markets around the world staged a sharp sell off today, led by losses in europe. fears continue building that spain might need a full-scale bailout. here in the u.s., stocks sold off early, but pared back the losses by the closing bell. the dow tumbled 101 points, it had been down, as much as, 240 points earlier in the session. the nasdaq lost 35, the s&p was down 12 points. erika miller reports spain's troubles now include the country's regional governments. >> reporter: valencia, spain has long been known for two things-- paella and its large port. but lately spain's third largest city has garnered unwanted attention as the first spanish region to seek a bailout. six others are in danger of following suit. >> it's worrisome, in the sense if they start t
of 7%. and chrysler was the u.s. star, sales jumped 20%, on strong sales of its jeep and fiat brands. toyota, honda, and nissan also firing on all cylinders, the trio posting double-digit sales gains. only a year ago, they had few cars to sell, as inventories were hobbled by japan's earthquake and tsunami. analysts say the average american car is now close to 11 years old, and people are in the market for replacements. >> pent-up demand that's out there is still seeping through, even though we have some economic conditions that are holding back pent-up demand and keeping us from getting to pre-crisis levels here in the united states. >> susie: morningstar expect sales of about 14 million cars and trucks this year. that's getting closer to the record set in 2000. shares of the big automakers rose slightly in today's shortened trading session: gm up over 5%, and ford adding 2%. we have technical analysis of ford stock on our web site, nbr.com. you can find it under the "blogs" tab with michael kahn. "nightly business report" is brought to you by: captioning sponsored by wpbt >> susie:
: wall street could certainly use another topic to focus on, what with europe dominating headlines for weeks. earnings season is likely to provide that distraction. but it's also likely to make many investors unhappy. that's because s&p 500 firms are expected to report only a 5.5% gain in second quarter profits. a few months ago, the number was a healthier 9%. >> it's very worrisome, because companies have already given a lot of negative pre-announcements. in fact, for every one positive pre-announcement, we've received three negative pre-announcements, which is the weakest showing since the fourth quarter of 2008. >> reporter: making matters worse, a big slice of the s&p 500's q-2 gain will come from one company, apple. the other 499 names in the s&p are dealing with a host of problems, including a slowing u.s. economy. on top of that, there's europe's big debt crisis and the emerging slowdown in china. >> double-digit growth in china has now shrunk to about 8%, and while that's still a great number, companies just can't rely on those outstanding sales numbers they were getting fr
captioning sponsored by macneil/lehrer productions >> woodruff: the u.s. economy grew at a sluggish pace in the second quarter this year as americans cut back on spending. good evening. i'm judy woodruff. >> warner: and i'm margaret warner. on the newshour tonight, we get two views on what the lackluster numbers mean about the strength of the recovery. >> woodruff: then, we update the colorado shootings as court documents reveal the suspect was being treated by a university psychiatrist. >> warner: as the games begin in london, ray suarez examines what host cities get out of the olympics. >> woodruff: mark shields and david brooks analyze the week's news. >> warner: and we close with the scandal that's rocked beijing, after the wife of a chinese official is charged with murder. >> woodruff: that's all ahead on tonight's newshour. major funding for the pbs newshour has been provided by: bnsf carnegie corp and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your
forecast out of europe, out of china, even out of the u.s. so fell us where you see the demand. >> well, we expect 7% demand goals this year. we also expect that the-- we see a very strong regional premium which show there is a tight innocence the market. where is that coming from? it's coming from aerospace. we have aerospace market these days with eight years of order backlog that's very substantial. and it's going toa while. we also see surprises here in the u.s., particularly coming from the automotive industry. and that's doubly positive for the aluminum industry because on the one hand we have seen so far in this year a 15% growth in automotive demand here in the u.s., very nice. in addition to that, we see that the amount of aluminum used in cars is going up. because lightweighting is the name of the game. emissions are coming down. consumers want to spend less money on their fuel and that's why they are going for. an on top of it there are new emissions regulations there, so this is all coming together. these are some of the right spots. >> susie: well, certainly you have been getti
analyst fred cannon tells us why he's still recommending j.p. morgan stock and what to expect in the second half of the year. >> susie: and you may be one of millions of americans getting a health care rebate. we'll tell you why. >> tom: that and more tonight on "n.b.r.!" >> tom: j.p. morgan's trading mess lost much more money than first thought-- nearly $6 billion. that's almost triple the original estimate. still, the nation's biggest bank still managed to post a $5 billion profit in the second quarter. including items, earnings per share were $1.21, while down from a year ago, that's well above wall street estimates. suzanne pratt has the story. >> reporter: j.p. morgan had so much news to explain to wall street it held a two-hour analysts meeting here at company headquarters today after it released its earnings report. here's what c.e.o. jamie dimon had to say about the bank's big blunder. >> we are not proud of this moment, but we are proud of our company. we are not making light of this error, but we do think this it's an isolated event. one of the reasons you do hold ca
is visiting three countries, the uk, israel, and poland. strong u.s. allies, all. first stop the uk in london. mr. romney witnessed the opening of the summer olympic games. romney oversaw the winter games in 2002 in salt lake city, utah as president and ceo of the salt lake organizing committee. so, he was asked on wednesday whether the olympics in london looked quote unquote ready to him. >> there are a few things that were discontinue certificating the stories about the private security firm not having enough people, the supposed strike of the immigration and customs officials that obviously is not something which is encouraging. >> he also met with top british officials including uk prime minister david cameron at 10 downing street, talking middle east peace, among other topics. but the subject of the olympics seemed to prickal the prime minister, who made this statement in a press conference prior to meeting with mr. romney. >> we are holding an olympic games in one of the busiest, most active bustling cities anywhere in the world. and of course it is easier if you hold the olympic games
opposes disclosure laws because the super-rich just might be bullied and harassed by the rest of us who want to know who's buying our elections. so that the editorial page of "the wall street journal" asks us to have pity on billionaires and those little ol' corporations and their ceos who just might have their tender feelings hurt. if they were exposed to boycotts and pickets, were it known which candidates they were buying. wait a minute. weren't we taught the first amendment also guarantees the right of citizens to assemble and petition, even to boycott and picket? that's what a couple of hundred protesters were doing just the other day. they marched to the d.c. offices of american crossroads and crossroads gps. those are the right-wing money mills run by the mastermind of much of this massive fund-raising, karl rove. he's making a bundle himself buying and selling "free speech," while at the same time deploring the disclosure of big donors' names as "shameful" intimidation. exercising their first amendment rights, the demonstrators taped a kind of wanted poster on rove's office door
for the pbs newshour has been provided by: moving our economy for 160 years. bnsf, the engine that connects us. >> and the william and flora hewlett foundation, working to solve social and environmental problems at home and around the world. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> ifill: the world got a look today at the man who allegedly gunned down scores of people in aurora, colorado, on friday. he appeared at his initial court hearing as police pieced together what led up to the assault in a movie theater. >> please be seatedded. ifill: it was the first time he had been seen publicly since friday's shootings, and james holmes cut a bizarre figure. his hair dyed bright orange, his eyes dazed. it was unclear if he was on medication, but the 24-year-old staredded blankly or not at all... or nodded off. and he never spoke as the judge explained the murder charges against him. afterward district attorney carol
and that they can basically get weapons and money into syri. from the turkish area. so for us it made sense to get a sense of hue who the rebels are to spend time in the region they control instead of trying to cower and hide and go with them undercover from place to place to be in this swath of towns and villages that they control. rough where you have they are relatively safe. free from government assault on a regular basis? >> at this time. if you were to try to look at the map and say "where exactly do the rebels control? everyday it changes a bit, it morphs and changes. on the edges of the area they control the government might take a town back. there was one town when we were there that switched hands between the government and the rebels four times. why? because the government realizes that this border area is important to the rebels. they realize it is a buffer zone and they are trying to regain control but obviously government's army is stretched and its priorities are elsewhere: namely damascus and aleppo. >> woodruff: tell us about the rebels you met. you talked to a number of them. who
. to the story of a warrior, told in his own words. what he has to say is for all of us to hear, but especially those of us who have never been in combat. karl marlantes, a small-town boy from oregon, the son of a soldier, a graduate of yale, landed in vietnam in october 1968, and was placed in charge of 1st platoon, charlie company, 1st battalion, 4th marine regiment. one year later he came home with two purple hearts, the navy cross, the bronze star, ten air medals, and memories that screamed at him. he finished his degree in philosophy at oxford on a rhodes scholarship and spent the next 30 years in business, all the while wrestling with the demons that came home with him. finally, in the late '90s, he asked the veterans administration for help, and began treatment for post-traumatic stress disorder. two years ago he published a novel. he had been working on it ever since he came home from vietnam, "matterhorn," the story of a young 2nd lieutenant leading a rifle platoon of 40 marines on a remote jungle hill. critics called it "a powerhouse. tense, brutal honest," "unforgettable," "moving an
, not residential or commercial uses. this is really about a big chunk of the california economy that's pushing very hard for a certain result. >> and brown said, for a state as big as california with the economy like it, people need reliable water. and certainly, he has those interests in mind. he is selling this as a plan to preserve that water liability and fix the ecological problems. they are including thousands and thousands of habitat restoration which will help the fish. >> belva: in the past, it has been a big south/north debate. now this seems not to necessarily be that geographic. who are the sides here? >> it is an interesting breakdown. certainly the loudest opposition is coming from the delta. the farmers are extremely concerns of the construction and concerned about the water. the interesting split with the environmental groups. some are opposed to this as they were 30 years ago. others are waiting to see if the benefits will be greater than the harm for the species in trouble. >> there is a political split, too. our united states senators are on board with the plan, but the congressi
. and by contributions to your pbs station from viewers like you. thank you. >> brown: the troubles with the u.s. economy-- and the possible fallout-- were on full display today. a task force report told of states facing ever-deeper budget holes. but the chairman of the federal reserve withheld any promise of immediate help. ben bernanke came before the senate banking committee acknowledging that the economy has suffered a series of setbacks. a slump in hiring and job growth, a slow down in manufacturing activity can reduce spending by consumers. while fighting the trend, the fed chair would not commit on if or when the central bank might act again to boost growth. >> we're looking very carefully at the economy, trying to judge whether or not the loss of moment actual we've seen recently -- momentum we've seen recently is enduring and whether or not the economy will make progress to lower unemployed and more satisfactory labor market conditions. if that does not occur, obviously we have to consider additional steps. >> senators from the two parties pushed bernanke in opposing directions. tennessee republ
, grenades and some gas masks. these masks were distributed by the regime because it intends to use chemical weapons. >> reporter: some of the fighters here appear to have an islamist tinge. the man in the front seat adorns the black flag of al-qaeda. ( cheering ) and as locals welcome them with open arms, policy makers in the west will no doubt be concerned about where this is leading. by air the regime has launched a relentless counter attack using helicopters and rocks to tame rebellious districts. and more government tanks are on the way. the rebels have managed to seize some heavy artillery. and are using in whatever way they can. but a tank can't defend against these. a mig jet circles overhead. this conflict now appears to locked into a pattern of attack and counter attack on many different fronts. >> woodruff: a white house spokesman said today the use of heavy weapons in aleppo showed the, quote, "depth of depravity" by the government of bashar al- assad. for more on the conflict in syria we turn to youssef amrani, morocco's minister delegate for foreign affairs, the second highest
the economy still is struggling. u.s. employers added 80,000 jobs, but less than the 100,000 expected. the unemployment rate is unchanged at 8.2%, stuck in the same level for most of this year. investors were hoping for stronger numbers and when they didn't get them, they dumped out of stocks. the dow lost 124 points. the nasdaq fell almost 39 and the s&p was off nearly 13. >> tom: market analysts think europe is biggest threat to u.s. hiring. >> c.e.o.s might continue to play things fairly close to the vest. we know they're holding elevated cash levels and they're going to therefore potentially defer business investment and hiring which once again feeds back into maintaining a slow pace of economic growth in the u.s. going forward, so we need animal spirits to be rekindled here through greater certainty about what the future looks like than what we have today. >> tom: mark luschini is tonight's "market monitor" guest. we'll talk more with him later in the program. but first, suzanne pratt takes a deeper look at today's employment report. >> reporter: when the economy creates 80,000 j
out how to adapt to the growing use of mobile technology. nearly all of facebook's revenues come from advertising, and that's more difficult with smaller screens. that's part of the reason facebook shares have gotten crushed-- they're down nearly 30% from the offering price of $38 in may. but some analysts still think the stock's a "buy." >> i think making money on facebook ultimately comes down to their ability to monetize mobile. it's almost binary. if they figure out a way to make money, the stock will be very successful; if they don't, then the stock will underperform the market. >> reporter: for now, many investors remain skeptical. when facebook went public, it had a valuation of $100 billion. now, it's closer to $60 billion. erika miller, nbr, new york. >> reporter: i'm diane eastabrook. still ahead--i'll tell you how the weber company is still keeping the grilling industry on fire after 60 years. "nightly business report" is brought to you by: captioning sponsored by wpbt >> tom: "whatever it takes to preserve the euro. with that phrase, the head of the european central bank h
. >> woodruff: we have the next in our daily download series. tonight, how politicians' use of social media can go awry. >> suarez: john merrow reports on a low income texas school district's approach to its drop-out crisis: a taste of college and hard work. >> so we're offering something that's more challenging to them, and telling them, "step up. you can have college now. it is free. it's your future. what do you want?" >> woodruff: plus, jeffrey brown talks to master storyteller jack hitt about his latest project and making his mark as a self- employed writer. >> the question i get every time i go see my mom and i still get it. she'll always ask me this question, "so when are you going to get a job?" and the answer is: "it's okay, mom. i'm never going to get a job. this is the job!" >> woodruff: that's all ahead on tonight's "newshour." major funding for the pbs newshour has been provided by: >> growing up in arctic norway, everybody took fish oil to stay healthy. when i moved to the united states almost 30 years ago, i could not find an omega-3 fish oil that worked for me. i became inspired
to restructure its debt again. here in the u.s., one measure of manufacturing fell to its slowest growth in two years. u.s. factory production fell to 51.8 in july from 52.5 the month before. any number above 50, though, means manufacturing is growing. the dow lost 104, the nasdaq's fell 27, the s&p dropped 12. >> susie: those disappointing apple earnings could set the tone for trading tomorrow. joining us now to talk more about apple, joe mayer, technology analyst at motley fool. joe, you heard our report, a lot people, a lot analysts are saying that apple should get a pass this time because so many customers are waiting for that iphone 5. so is that fair? what do you say to that? >> i had a feeling you were going to hear that from apple, that there was going to be a miss. there probably is something to that and something to a larger issue with europe and china, both results there were weak across the board and they were okay in the u.s.. but i think it's pretty predictable that some people will put off buying the new iphone because there's going to be a newer, faster thinner one coming out, b
as "war is a force that gives us meaning," his weekly column for the website "truthdig" and freelance articles for a variety of other publications, chris hedges has taken his life's experience covering the brutality of combat and shaped a world view in which morality and faith, and the importance of truth-telling, dissent and social activism take precedence, even if it means going to jail. welcome, chris hedges. >> thank you. >> tell me about joe sacco. he was your companion on this trip. and he was your, in effect, co-author. although he was sketching instead of writing. >> i've known joe since the war in bosnia. we met when he was working on his book, "gorazde." and i was not a reader of graphic novels. but i watched him work. and i certainly know a brilliant journalist when i see one. and he is one of the most brilliant journalists i've ever met. he reports it out with such depth and integrity and power, and then he draws it out. and i realized that an extremely important component of this book was making visible these invisible communities, because we don't see them. they're shut
, the engine that connects us. and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> brown: penn state got the full story today on a football coach's sexual abuse of boys and the subsequent actions by officials and it was a damning one. the review ran 267 pages and followed an eight-month investigation. ray suarez begins our coverage. >> our most saddening and sobering finding is the total disregard for the safety and welfare of sandusky's child victims by the most senior leaders at penn state. >> suarez: former f.b.i. director louis freeh minced no words today. he charged there was a conspiracy of silence among top leaders at penn state about claims that jerry sandusky preyed on young boys. last month, the former assistant football coach was convicted of sexually ab
in the history of markets." all this explains why i wanted to talk to sheila bair. she's a hero to many of us for her long fight for an honest and accountable banking system. after years working on capitol hill, at the treasury department, the new york stock exchange and the commodity futures trading commission, she was appointed by president george w. bush to head the federal deposit insurance corporation, the fdic. now as senior advisor to the pew charitable trust, sheila bair has just organized a private group of financial experts called the systemic risk council. among its members, former fed chairman paul volcker, former senators bill bradley and alan simpson, john reed, once the chairman of citigroup, and brooksley born, the former cftc chairman who back in the 1990s accurately predicted an economic meltdown. its mission, to prevent the banking industry from scuttling the reforms created by the dodd-frank act, and, hopefully, prevent another crash. she has a book coming out in late september about the need for reform called "taking the bull by the horns." she's also written two books fo
industry. >> brown: miles o'brien has the story of an austin, texas, neighborhood that uses "smart grid" technology to track and control its energy consumption. >> the fishers have two solar volume dayic power system, sophisticated digital metres and state of the art thermostats that allow them to fine-tune their indoor climate here orion line when they're away. >> we >> woodruff: we update the presidential campaign as the candidates trade shots over outsourcing jobs. >> brown: mark shields and michael gerson analyze the week's news. >> woodruff: and we close with a report from south sudan about a flood of refugees fleeing the violence, only to encounter grim conditions in camps on the border. >> they don't have much reserve, they have been walking for six weeks, four weeks, six weeks so it is a very vulnerable group and it is the little kids and elderly are the ones that suffer the most. >> woodruff: that's all ahead on tonight's newshour. >> major funding for the pbs newshour has been provided by: bnsf carnegie corporation and with the >> ongoing support of these institutions and foun
sreenivasan talks with author william dobson about the techniques modern day dictators use to control protesters. they have really developed excellent crowd control techniques where they would move the crowds through with street cleaning equipment, cleaning the same street corner again and again and again. >> brown: that's all ahead on tonight's newshour. major funding for the pbs newshour has been provided by: moving our economy for 160 years. bnsf, the engine that connects us. >> the william and flora hewlett foundation, working to solve social and environmental problems at home and around the world. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> ifill: president obama and governor mitt romney are broadening their critiques of one another as their nominating conventions approach, with a political battle now fully engaged over jobs, outsourcing, and taxes. >> the presidential candidate hammered away at eac
tonight on "n.b.r.!" >> tom: there are high expectations this week economic leaders in the u.s. and europe will take action to help their struggling economies. beginning tomorrow, federal reserve policymakers hold a two- day meeting in washington. central bankers in europe meet on thursday. and the important u.s. july jobs report is released on friday. the hope is policymakers will announce new ways to get the world economy growing. darren gersh reports. >> reporter: on wednesday, the federal reserve may give investors a new date to mark on their calendars-- 2015. chairman ben bernanke and his colleagues had promised to keep rates exceptionally low through late 2014. >> i think it would be natural, given that the economic outlook is still fairly weak to extent that out another six months and suggest that rates are going to continue to be very low for a long time. >> reporter: but promising to keep rates low into 2015 is likely to have a small impact on the economy. a more aggressive move this week to launch another big program to buy bonds and bring down interest rates is considered a long
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